Banking agencies release guidance for climate-related financial risk management
The FDIC, Federal Reserve and Office of the Comptroller of the Currency released interagency guidance for managing climate-related risk at financial ...
Tag: Federal Reserve
Banking regulators release CRA final rule
The Federal Reserve, FDIC and OCC released the final rule to modernize how they assess compliance with the Community Reinvestment ...
Fed: Banks remain resilient but risks persist
The banking system remained sound and resilient as risk-based capital ratios remained close to average levels over the past decade, ...
ABA, associations urge Fed to reject changes to debit fee cap
In a joint letter, ABA and eight banking and credit union associations urged the Federal Reserve to reject merchant requests ...
Agencies extend comment period on proposed capital requirements
The FDIC, Federal Reserve and OCC announced that they have extended the period for public comment on the proposed capital ...
Barr: Fed to use exploratory scenarios, market shocks in stress tests
The Federal Reserve is developing “both exploratory macroeconomic scenarios and exploratory market shocks” for use in next year’s stress tests, ...
Powell pleased with progress in reducing inflation
Federal Reserve Chairman Jerome Powell pointed to several economic indicators suggesting progress in the Fed’s goal of lowering inflation to ...
Fed survey finds family income continued to grow despite pandemic
Real median family income grew 3% from 2019 to 2022, while real mean family income grew 15%, according to the ...
Fed’s Waller suggests wait-and-see approach to future rate hikes
The Federal Open Market Committee has room to “wait, watch and see” what the economy does before deciding whether to ...
Fed’s Bowman seeks ‘sensible’ regulatory framework for digital assets
Stablecoins and other digital assets pose risks to consumers and the U.S. banking system, so the providers of those services ...
